Iberia to pay hefty extraordinary dividend from Amadeus sale funds

Iberia told shareholders at its AGM that it intends to pay a "significant" extraordinary dividend out of the capital gains from the sale of its stake in Amadeus, which should bring the airline around €600 million ($750.6 million) (ATWOnline, April 15).
For 2004, Iberia will pay a dividend of 5 euro cents a share as it increased consolidated net income by nearly 51% to €220 million in 2004 from €146 million in 2003.
"We are going to pay an extraordinary dividend for the ...

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